HomeMy WebLinkAbout1021 03-27-1990ORDINANCE NO. 1021
AN ORDINANCE PROVIDING FOR CONTINUATION OF A
RESIDENTIAL HOMESTEAD AD VALOREM TAX EXEMPTION
FOR THE YEAR 1990; PROVIDING FOR PUBLICATION AND
AN EFFECTIVE DATE.
WHEREAS, pursuant to authority granted under the constitution and laws of the
State of Texas, the Euless City Council has historically granted an exemption from
the City's ad valorem taxes for a portion of the assessed value of residential
homesteads; and
WHEREAS, the exemption currently granted for such homesteads is the
maximum amount allowed by law; and
WHEREAS, it is the desire of the City Council of the City of Euless, Texas, to
extend and continue for the tax year 1990 such residential homestead ad valorem tax
exemption; and
WHEREAS, certain provisions of the Texas Property Tax Code require the City
to establish and adopt such exemption prior to May 1 of each year.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF EULESS, TEXAS:
SECTION 1
There shall be exempted from the valuation of all residential homesteads for
which proper application shall have been made, an amount equal to twenty percent
(20 %) of the assessed value of such residential homestead. The exemption shall be
granted to each such residential homestead and the residential improvements
thereon as may qualify for same as provided by law.
SECTION 2
The residential homestead exemption from ad valorem taxes hereinabove
provided for shall be applicable to all ad valorem taxes levied and assessed by the
City of Euless, Texas, for the year 1990.
SECTION 3
EFFECTIVE DATE. This ordinance shall be in full force and effect after its
passage as provided by the Euless City Charter and the laws of the State of Texas.
PRESENTED AND GIVEN FIRST READING at a regular meeting of the Euless
City Council on the 27th day of March , 1990, by a vote of 4 ayes, 0
nays, and 0 abstentions.
GIVEN SECOND AND FINAL READING at a regular meeting of the Euless City
Council on the 10th day of April , 1990, by a vote of 3 ayes, 0 nays,
and 0 abstentions.
APPROVED:
Harold D. Samuels, Mayor
ATTEST:
Rosemary Gaffo , City S c etary
APPROVED AS TO FORM:
2 �� a �
ity Atto bey
MRM:0170a:ms1:32490
ORDINANCE NO. 1021
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